Upstart Holdings, Inc. (NASDAQ:UPST) Receives $45.79 Consensus Price Target from Analysts

Upstart Holdings, Inc. (NASDAQ:UPST) has received an average recommendation of “Hold” from the seventeen brokerages that are presently covering the firm, Marketbeat.com reports. Three research analysts have rated the stock with a sell rating, seven have given a hold rating and seven have issued a buy rating on the company. The average 12 month price target among brokerages that have issued a report on the stock in the last year is $44.7333.

Several equities analysts recently weighed in on UPST shares. Truist Financial set a $40.00 price target on Upstart in a research note on Wednesday, May 6th. BTIG Research reiterated a “buy” rating and set a $43.00 price objective on shares of Upstart in a research note on Wednesday, May 6th. Zacks Research upgraded Upstart from a “strong sell” rating to a “hold” rating in a research note on Monday, April 13th. Morgan Stanley set a $35.00 price objective on Upstart in a research note on Thursday, May 7th. Finally, Mizuho set a $45.00 price objective on Upstart in a research note on Friday, May 8th.

Upstart Stock Down 4.1%

Shares of Upstart stock opened at $30.50 on Tuesday. Upstart has a twelve month low of $23.97 and a twelve month high of $87.30. The business has a 50-day moving average price of $30.29 and a 200 day moving average price of $35.62. The firm has a market cap of $2.92 billion, a PE ratio of 80.26, a P/E/G ratio of 0.80 and a beta of 2.26.

Upstart (NASDAQ:UPST) last announced its quarterly earnings results on Tuesday, May 5th. The company reported ($0.07) earnings per share for the quarter, missing the consensus estimate of $0.39 by ($0.46). Upstart had a net margin of 4.34% and a return on equity of 5.63%. The business had revenue of $308.21 million during the quarter, compared to analysts’ expectations of $301.30 million. During the same quarter in the prior year, the firm earned $0.30 EPS. Upstart’s revenue for the quarter was up 44.3% on a year-over-year basis. On average, sell-side analysts expect that Upstart will post 0.92 EPS for the current year.

Upstart announced that its board has approved a stock buyback program on Thursday, February 19th that permits the company to buyback $100.00 million in shares. This buyback authorization permits the company to repurchase up to 3.2% of its stock through open market purchases. Stock buyback programs are generally an indication that the company’s management believes its shares are undervalued.

Insider Activity at Upstart

In other Upstart news, insider Sanjay Datta sold 15,000 shares of the business’s stock in a transaction that occurred on Tuesday, June 9th. The stock was sold at an average price of $30.41, for a total transaction of $456,150.00. Following the completion of the sale, the insider directly owned 313,556 shares in the company, valued at approximately $9,535,237.96. The trade was a 4.57% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO Andrea Blankmeyer sold 7,044 shares of the business’s stock in a transaction that occurred on Friday, May 15th. The stock was sold at an average price of $29.63, for a total value of $208,713.72. Following the sale, the chief financial officer owned 162,383 shares of the company’s stock, valued at approximately $4,811,408.29. This trade represents a 4.16% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold 33,346 shares of company stock worth $991,672 in the last quarter. Corporate insiders own 17.29% of the company’s stock.

Institutional Investors Weigh In On Upstart

Several large investors have recently bought and sold shares of the company. Janus Henderson Group PLC increased its stake in Upstart by 15.1% during the 1st quarter. Janus Henderson Group PLC now owns 24,722 shares of the company’s stock worth $634,000 after buying an additional 3,241 shares in the last quarter. Altshuler Shaham Ltd grew its position in shares of Upstart by 40.0% in the first quarter. Altshuler Shaham Ltd now owns 37,800 shares of the company’s stock valued at $970,000 after purchasing an additional 10,800 shares in the last quarter. California State Teachers Retirement System grew its position in shares of Upstart by 21.3% in the first quarter. California State Teachers Retirement System now owns 100,693 shares of the company’s stock valued at $2,583,000 after purchasing an additional 17,675 shares in the last quarter. Quantinno Capital Management LP grew its position in shares of Upstart by 30.9% in the first quarter. Quantinno Capital Management LP now owns 103,860 shares of the company’s stock valued at $2,664,000 after purchasing an additional 24,492 shares in the last quarter. Finally, Entropy Technologies LP purchased a new stake in shares of Upstart in the first quarter valued at approximately $384,000. 63.01% of the stock is currently owned by hedge funds and other institutional investors.

About Upstart

Upstart Holdings, Inc operates a cloud-based lending marketplace that leverages artificial intelligence and machine learning to assess borrower creditworthiness. The company partners with banks and credit unions, providing its proprietary AI models and underwriting platform to facilitate consumer credit products. By focusing on non‐traditional data points—such as education, employment history and other real‐time indicators—Upstart seeks to improve approval rates and lower loss rates compared with conventional credit scoring methods.

Upstart’s core offering centers on unsecured personal loans, which borrowers can use for purposes such as debt consolidation, home improvements or major purchases.